Saudi commercial registrations reach 1.89m as 71k new businesses launch in Q1
Commercial registrations in Saudi Arabia stood at approximately 1.89 million by the end of the first quarter of 2026, with…
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Saudi real estate sector offering $6.3bn opportunities to global investors: Knight Frank
Saudi Arabia is poised to draw $6.3 billion in private international capital into its property sector once the ongoing geopolitical…
Saudi PIF anchors King Street fund targeting MENA
Saudi Arabia’s $1 trillion sovereign wealth fund, the Public Investment Fund (PIF), has signed an agreement to anchor a new…
Mashreq becomes first UAE bank to offer instant digital cross-border accounts for non-resident Egyptians
Mashreq, one of the leading financial institutions in the MENA region, has announced the launch of a new service for…
Dubai gold jumps Dh11 in a day after ceasefire talks lift global prices
Dubai gold prices opened higher on Wednesday morning, tracking a strong rebound in global bullion markets after a temporary easing…
Dubai’s ultra-prime rental market sets new benchmark with Dh20 million Marsa Al Arab Villa lease
Dubai’s real estate market continues to demonstrate resilience and global appeal, with a record-setting lease at the exclusive Marsa Al…
Short-term exits from the UAE could trigger unexpected tax exposure for expats, SJP warns
With more UAE-based expats spending time abroad in recent weeks, whether through short trips, extended stays, or unplanned travel, now…
Horváth strengthens Energy practice leadership in the Middle East
International management consultancy Horváth has strengthened its Energy practice in the Middle East with the appointment of Saleh Hassasneh as…
Emirates NBD launches business support package to help SMEs manage costs and cash flow
Emirates NBD has launched a Business Support Package consisting of a set of temporary fee-relief measures to help SMEs manage…
Saudi banks hold assets totaling $1.33trln, driven by robust demand for corporate financing
The total assets of Saudi banking sector had reached SR4.96 trillion by the end of 2025. This underscores the rapid…
Bonyan appoints Dar Ventures’ Aboushadi as board member
Bonyan for Development and Trade has appointed Nader Aboushadi, Co-Founder of Dar Ventures and Group Chief Treasurer of Sidara, as…
ADIB mobilises $5.53bln in sustainable finance in 2025
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has mobilised and facilitated AED20.3 billion ($5.53 billion) in sustainable…